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Staples Surges; Office-Supply Stocks Soar
Office supply retailers' stocks are soaring after Staples posted better-than-expected third-quarter earnings and offered an upbeat outlook.
IN PICTURES: Eight Ways To Survive A Market Downturn . Staples Vs. The Industry Staples may very well be in a class by itself.
Can Big-Box Merchants Fix Your Computer? [Voices]
Back in the old daysa 'say, 2006a 'when we needed a computer repaired, we turned to the shop down the street.
Cyber Monday's Online Retail Sales Increase 16% in U.S., Coremetrics Says
Online sales in the U.S. rose 16 percent today from a year ago as consumers hunted for bargains on Cyber Monday, according to online marketing firm Coremetrics .
Social media has impact on Black Friday for retailers and consumers
Filed under: Internet , Target Corp. , Best Buy , Black Friday , Office Depot , Kohl's Corp , Technology For retailers that jumped on the social media bandwagon this year, the impact was salient.
Rothman Research Initiates Research on Companies in the Basic Materials & Services Sectors
U.S. market slipped nominal. As today's market news unfolds Rothman Research begun tracking the following companies Great Basin Gold Ltd.
Office supply distributors have been battered as job losses and spending cutbacks continue to mount.
Hot Topic October sales comparison falls 2.6 pct
CITY of INDUSTRY, Calif. -- Hot Topic Inc. said Wednesday that sales at stores open at least a year fell 2.6 percent in October, beating a consensus forecast from Wall Street.
Denbury Acquires Encore for $4.5 B; Ford Surges
Denbury Resources agreed to acquire Encore Acquisition Corp for $4.5 billion in an exchange of cash and stock.
Ford, Office Depot, YRC Worldwide are big movers
The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange: NYSE: Ford Motor Co., up 58 cents at $7.58 The automaker surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.
Retail Winners: Rite Aid, Saks, Zale
Retailers are roaring Thursday morning, after GDP reported growth, signaling a possible end to the recession.
Fort Lauderdale's AutoNation, the nation's largest automotive retailer, said Thursday it made money in the third quarter and credited the federal sales incentive program for its rebound from a loss in the year ago period.
Office Depot loss widens on charges, weaker demand
Office Depot posted a wider third-quarter loss Thursday as charges and weak demand from consumers and small businesses dragged the retailer deeper into the red.
OfficeMax moves to 3Q profit but misses estimates
Office-supply retailer OfficeMax Inc. said Thursday it moved to a third-quarter profit from a year-ago period weighed down by a massive write-down. But results missed analyst estimates, sending shares sharply lower in premarket activity.
Despite reports to the contrary, London buyout shop BC Partners Ltd. is bucking the trend of problems facing other European private equity firms.
New ODP catalog highlights underutilized businesses
BOCA RATON ,A Fla. Office Depot has launched a new catalog to help draw attention to businesses that historically have not had equal opportunities, including minority-, women-, disabled-, veteran-owned enterprises.
Office Depot Offers Nationwide Availability of Windows 7
Office Depot , a leading global provider of office products and services, today announced the retail chain will offer Windows 7. Customers will be able to purchase the highly anticipated software starting today at any one of the more than 1,100 Office Depot retail store locations throughout the country, or online at www.officedepot.com/windows7 : .
Staples, Office Depot Benefit from Improved Back to School in September
September marked the beginning of the school year and the end of the Back to School Season for office supply retailers.
Employment lawyer buys in Boca Raton
Lynn and Michael Gross bought a 2.5-bath home at 2898 N.W. 24th Court in Boca Raton from Marc and Libbie Wilensky for $405,000 on Sept.
Quantum Chairs Sold at Office Depot
Raynor Marketing is recalling about 150,000 Quantum desk chairs sold exclusively at Office Depot.
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